5135 Portage Road Kalamazoo, MI ^$ 1,500,000

5135 Portage Road

^$ 1,500,000

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5135 Portage Road

Kalamazoo, MI, 49002

^$ 1,500,000

Studio Baths0.0 Sq 5,721

Monthly Estimate*

^$ 9,969

5135 Portage Road, Kalamazoo, MI 49002 - Image 1

5135 Portage Road, Kalamazoo, MI 49002 - Image 2

5135 Portage Road, Kalamazoo, MI 49002 - Image 3

5135 Portage Road, Kalamazoo, MI 49002 - Image 4

5135 Portage Road, Kalamazoo, MI 49002 - Image 5

5135 Portage Road, Kalamazoo, MI 49002 - Image 6

5135 Portage Road, Kalamazoo, MI 49002 - Image 7

5135 Portage Road, Kalamazoo, MI 49002 - Image 8

5135 Portage Road, Kalamazoo, MI 49002 - Image 9

5135 Portage Road, Kalamazoo, MI 49002 - Image 10

5135 Portage Road, Kalamazoo, MI 49002 - Image 11

Studio

Commercial Property for sale in Kalamazoo, MI

for $1,500,000. This 5,721 square foot building was built in 1964 on a lot size of 1.83.

This exceptional retail redevelopment site, previously known as Brewster's Restaurant, boasts a prime location visible from the I-94 overpass, which is located just an 1/8 mile from the highway. Construction is schedule for completion, June 2023.This site has approximately 355' lineal feet of frontage on Portage Rd and 295' lineal feet on Airview Blvd, making it accessible to potential customers. If a user is looking for an existing building, the current building on site is 5,721 SF and offers ample parking. This strategic location provides an unparalleled opportunity for any retail development. The excellent demographics and high traffic counts in the area make this site a great investment opportunity for developers seeking a prime location in which to establish a retail presence.

Commercial Pending

Price

^$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 23,298

Style

Commercial/Industrial

Lot Size

1.83

Year Built

1964

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

70310510

Features

General

Heating Forced Air

Roof Composite

Water Public Water Public Water at Street

Status Pending Pending

Year Built 1964

County Kalamazoo

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality Kalamazoo

Subdivision MI

Commercial Features Bath Electric Available Gas Available Telephone

Area Kalamazoo (39022)

Primary City Portage

Directions From I-94 south on Portage Road Exit 78.

City Kalamazoo

Street Name Portage

Financial Terms Cash Conventional

Legal Description Two legals on file.

DOM 77

Postal Code 49002

Price Per Sq Ft Total 262.19

Coming Soon This exceptional retail redevelopment site previously known as Brewster's Restaurant boasts a prime location visible from the I-94 overpass

Exterior

Exterior Frame Vinyl Siding Wood

Frontage 355

Lot Size Area 1.83

Lot Dimensions 355 x Irregular

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Jeff Chrystal

Listing Agent

Kalamazoo Commercial Real Estate

Broker

jeff@kalamazoocre.com

Affordability Calculator

$11,911

Per Month

Monthly Principal & Interest: $9,969
Monthly Property Taxes: $1,942
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Kalamazoo, MI

Average List Price ^$257,984

Percent of Sale Price 83%

About Kalamazoo, MI

75,079 Population

-3% Since 2002

^$36,632 Median Income

29.48 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/4/2023	$1,500,000		Listed Price

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5135 Portage Road, Kalamazoo, MI, 49002 is a Commercial Property for sale at $1,500,000 with 5,721 sqft and a lot size of 1.83. 5135 Portage Road is a studio with 0.0 baths and was built in 1964. The property's zip code is 49002 which is in Kalamazoo, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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5135 Portage Road

Commercial Property for sale in Kalamazoo, MI

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